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2241  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 03:42:29 AM
Are you only able to communicate through the medium of still images or something, panerai?
There are a whole 26 letters in the English alphabet you know, and you can string them together in all sorts of imaginative ways.

There's always the ignore button, which I have already pressed Wink
2242  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 03:38:10 AM
The end of the wedge is nigh!  This is suspenseful Smiley

I love the top two threads right now.  One of them was created by you on the 24th and in it you predict a correction down to $2.5-3 in 1-2 weeks from the date of your post .  The other was created by you today and in it you predict a continuation of the rally to $4.6-5 in the next day or so.

Anyway, I hope you're right.

The juxtaposition is striking, but opinion can swing as wildly as the price in bitcoin world. I wouldn't hold it against ineedausername. If i might ask though, what did change your mind on this INAU? Was it anything tangible, or just you solidifying a position?
I'm not being facetious, I'm genuinely interested.

I as well.  Do elaborate INAU, please.

I thought there would be a correction, but the price has failed to plunge through the strong supports like I originally thought it would.  Instead, it went and created a bullish wedge.  Additionally, I went and looked at the weekly chart for a bit, and observed that the weekly MACD would cross over this week, which is obviously a strong long-term bullish signal.

tl;dr: I thought the price would spike down, but it failed to do so, confirming the support and the rally.

I'm a bit surprised it took you guys so long to see this juxtaposition Grin  It really shows how the Bitcoin markets work; they're volatile and unpredictable, which means that if you hold a strong opinion one day, you must be ready to change it at a moment's notice.
2243  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 02:10:45 AM
The end of the wedge is nigh!  This is suspenseful Smiley
2244  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 12:38:49 AM
Cool graphs bro.  How about you post more historical graphs so we can get a sense of whether your indicators actually work?
2245  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 12:34:33 AM
Serge: since bitcoin moves in spikes, it'll come very suddenly, but trust me, this is not a slow motion rally Smiley
Going to $5, bitches!
2246  Economy / Speculation / Re: $4.5 is coming! on: December 31, 2011, 12:27:39 AM
mb300sd, you're back! Grin
edit: Oh look, I may have started a new charting method lol!  

Yep, had a complete loss of 99% of my laptop and server, including wallet, kinda lost interest for a while.... damn flash drive with my encryption keys died.

Oh wow, that sucks man Sad
2247  Economy / Speculation / Re: The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 12:14:48 AM
Back on topic... wtf?

This thread is me predicting a rally to $4.6-5 TOMORROW.  Get ready Smiley
Of course, I still remain open to the possibility that I'm wrong.  But the market will definitely move in a HUGE way tomorrow, up or down.  I think the probability of a downwards move is very low at this point.
2248  Economy / Speculation / The Great Bitcoin New Year's Eve Rally on: December 31, 2011, 12:08:29 AM
You heard it here first, folks.
I expect you bears will be posting "wtf" in this thread just like you did in the "rocket is taking off" thread.
2249  Economy / Speculation / Re: $4.5 is coming! on: December 30, 2011, 11:55:37 PM
That definitely looks like a bullish wedge to me.  Price is sticking to the top of the resistance and the slope of the bottom is steeper than the top.
2250  Economy / Speculation / Re: $4.5 is coming! on: December 30, 2011, 11:50:45 PM
mb300sd, you're back! Grin
edit: Oh look, I may have started a new charting method lol! 
2251  Economy / Speculation / Re: New Contest: Guess the date for when we hit $2 again! on: December 30, 2011, 10:24:31 PM
Never

Why are we the only ones saying this... seriously.  I can't believe people really think it'll go back to $2 after all that's happened.
2252  Other / Off-topic / Re: Game: Continue the South Park script. on: December 30, 2011, 08:41:46 PM
Shot of school opening
In the usual classroom...
Mr. Garrison: Ok, class, today we're going to talk about <voice fades>
At the back of the classroom
Cartman: whispering Hey Stan pokes Stan!  Check out this one!
Stan: looks at Cartman's iPhone, with which he is looking at mining rigs Whoa, that's pretty big.
Cartman: It makes FIVE bitcoins a day!  That's --
Mr. Garrison interrupts their conversation.
Show 3 more conversations like this one.  Clearly, the idea of Bitcoin mining is spreading among the students.
2253  Economy / Speculation / Re: Bid/ask imbalance is showing again -- $4.6-5 coming! on: December 30, 2011, 08:10:56 PM
Oh come on proudhon we all know it's you putting up the askwalls Wink
2254  Economy / Goods / Re: [WTS] XFX 5830 (338 MH/s) - $110 (Lifetime Warranty) on: December 30, 2011, 07:37:25 PM
other people are selling for $65-80.  You might do better with a much lower price.
2255  Other / Off-topic / Re: South Park: A Bitcoin episode entitled "The Good Coin" on: December 30, 2011, 07:00:49 PM
2256  Other / Off-topic / Re: Contest: WTHAI?: Win up to 20 BTC Daily on: December 30, 2011, 06:40:50 PM
daaaaaaamn, BTCurious is killin' it here...

Off topic: who else keeps reading his username as "bicurious?" xD
2257  Economy / Speculation / Re: Bid/ask imbalance is showing again -- $4.6-5 coming! on: December 30, 2011, 06:31:01 PM
Everyone, do you see that?
Weekly MACD is crossing over.
Get ready.
2258  Bitcoin / Bitcoin Discussion / Re: Bitcoins are not, in practice, fungible on: December 30, 2011, 06:28:28 PM
Why did tradehill decide not to cooperate with this blacklisting thing?  Was it the moral hazard?

Because they shouldn't.  Mt. Gox is wrong.

There is no way to know the party in possession of the coins is the thief.

Thief steals coins.
Thief says I will give you 100K BTC for an equivalent amount of gold.
Thief has already profited, you have given up gold and are holding coins.  If those coins are worthless (or worth less in value) because of some merchants belief they have a God given right to be the Bitcoin Police then it undermines the entire system.

TL/DR version.
A bitcoin is only worth a bitcoin by consensus.  People deciding some bitcoins are worth more than other Bitcoins is not only idiotic it undermines the entire system. 


Agreed.  At least they aren't "confiscating" them or returning to the previous holder.  Slippery slope though. 

OK makes sense.  Another reason to dislike mtgox.
2259  Economy / Speculation / Re: Bid/ask imbalance is showing again -- $4.6-5 coming! on: December 30, 2011, 06:20:38 PM

Wink
2260  Economy / Speculation / Bid/ask imbalance is showing again -- $4.6-5 coming! on: December 30, 2011, 06:11:48 PM
It's time for another big move up.
On the eve of the last move, we had a big market depth imbalance: 20k BTC to $3.1, 40k to $3.  On the other hand, we had 20k BTC to $3.5, 40k to $3.75.  The bid side was 20k for every 0.1 and the ask side was 20k for every 0.2.
Now, we have the bid side piling up again: 20k to $4, 40k to $3.8.  On the other hand, the ask side has 20k to $4.6, 40k to $5.  The same ratios are showing up.  
Additionally, we've touched the trendline again, the moving averages are coming close, and the PSAR is getting close to the price (within $0.2).  Strong support has caught up and we are poised for a big move, up or down, soon and I think it will go up.
The market would have gone up to $4.6 or $5 yesterday if Bitcoinica didn't run out of float.  Since Bitcoinica doesn't have enough USD, the move up will be more gradual this time.  However, we won't see $4.2 ever again so now is the time to BUY.
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